The global high-capacity radio (HCR) market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the market include the rise in spending on military devices. For instance, as per the Stockholm International Peace Research Institute (SIPRI), total global military expenditure rose to $1981 billion in 2020, an increase of 2.6% in real terms from 2019. This, in turn, is driving the demand for communication technologies across the defense sector. The HCR is a tactical radio with a compact form factor and excellent ruggedization that uses point-to-point microwave wireless technology to offer high bandwidth throughput over long distances. The radio’s significant bandwidth increases over previous generation radios that are intended to hasten the deployment of portable devices and next-generation applications at the tactical edge, a major trend among many militaries across the globe.
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The key players contributing to the growth of the market by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and agreements, include Aviat Networks, Inc., Elbit Systems Ltd., Exelis, Inc., Filtronic plc, NEC Corp., among others. For instance, in April 2018, the Indian Ministry of Defense announced the procurement of a High-capacity radio relay (HCRR) for better communication with increased bandwidth in a war zone for the Indian Army and Indian Air Force. The procurement was done at nearly $133.5 million. The military high-frequency bands of 1350 to 2690MHz and 4400 to 5000MHz are utilized by the high-capacity radio relays (HCRR). The HCRRs use sophisticated anti-jamming capabilities, improved error correction, and interleaving to offer a very high data rate (up to 100 Mbps).
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Type
o By Application
- Competitive Landscape- Aviat Networks, Inc., Elbit Systems Ltd., Exelis, Inc., Filtronic plc, NEC Corp., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global High-Capacity Radio (HCR) Market Segmentation
By Type
- Normal Use
- Special Use
By Application
- Residential
- Military
- Commercial
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